Crypto trader Killa (@KillaXBT) said Bitcoin could climb toward $65,600 if it holds last week’s closing level, which he mapped to roughly $59,000. Commenting on reports that Strategy made a historic sale of 3,588 BTC, Killa argued the transaction was not executed through the public market but through institutional channels, effectively an over-the-counter structure that limited direct pressure on spot pricing. In his view, that helps explain Bitcoin’s overnight price action, which first moved lower and then rebounded. Killa is known as a BTC-focused quantitative trader and has built an audience of more than 200,000 followers on X. His previous public calls include forecasting the top of the current bull cycle in May 2025, shorting Bitcoin around $74,688 in mid-April, and flipping bullish during the broad market decline on June 5.
Killa flags $59,000 as the near-term level to hold
According to BlockBeats on July 7, well-known trader Killa (@KillaXBT) said Bitcoin could extend higher toward $65,600 as long as it maintains last week’s closing level, which he associated with roughly $59,000. In his framework, that closing mark is a key short-term support level for the current market structure.
Addressing the reported “historic sale of 3,588 BTC by Strategy,” Killa said the transaction was not carried out through the public market. Instead, he said it was handled through institutional dealing channels, effectively an OTC-style execution, which would help avoid a major direct impact on Bitcoin spot prices. He added that this may partly explain why Bitcoin first declined and then recovered during overnight trading.
Past calls draw attention from the market
Killa is a BTC-focused quantitative trader with more than 200,000 followers on X. His prior public calls have received market attention: he reportedly projected the top of the current bull run in May 2025, opened a short position on Bitcoin at $74,688 in mid-April, and turned bullish again during the broader market sell-off on June 5.
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